- AOL cofounder Steve Case runs the DC-based venture capital firm Revolution and has “Hillbilly Elegy” author JD Vance run his $ 150 million Rise of the Rest Seed Fund.
- Case is convinced the future of American startups is outside of Silicon Valley.
- For the past four years, Case and his team have gone on seven bus tours, across 38 cities in 26 states.
- This article is part of Business Insider’s ongoing series on Better Capitalism.
Silicon Valley has thrived as the hub for tech startups because of the access to capital, talent, and other resources that have developed over years. New York City and Boston, along with neighboring Cambridge, have developed their own strong startups communities for the same reason.
This distribution of entrepreneurial talent and money has worked well for the first couple generations of online businesses, but the tides are already shifting, argues Steve Case, the billionaire cofounder and former CEO of AOL.See the rest of the story at Business Insider
NOW WATCH: 80% of startup money goes to 3 states — here’s what one visionary is doing to help spread the wealth
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- I spent 2 days on a bus with billionaire AOL cofounder Steve Case and ‘Hillbilly Elegy’ author JD Vance as they scoured the South for the next big startup
